Market Risk Analyst - Energy Trading

RWE Supply & Trading GmbH
To start as soon as possible, full time / part time, permanent

About the role

At RWE Supply & Trading, we operate at the commercial heart of global energy markets, trading power, gas and commodities across global markets. Our Market Risk team sits at the centre of this activity, providing independent insight that enables informed, risk-aware decision-making.

In this role, you will take ownership within Market Risk, acting as a key partner to Trading while maintaining independent oversight. You will further build on your existing expertise by working across a range of commodity markets, such as Gas, Oil and LNG, gaining deeper exposure to how risk is measured, analysed and communicated in a fast-moving trading environment. You will play a visible role in analysing, challenging and communicating risk to senior stakeholders.

• Prepare and review daily and monthly P&L, position and market risk reports
• Analyse and clearly communicate risk exposures, P&L drivers and trading strategies to senior stakeholders, including the Board
• Partner closely with Trading to identify, quantify and challenge market risks within the agreed risk framework
• Monitor market developments and translate them into actionable insights
• Assess and value risk for new products, markets and trading strategies across different commodity areas
• Drive improvements across processes and contribute to automation and analytics initiative

Job requirements and experience

• Proven experience in market risk within commodity trading, with the ability to operate independently in a front-office-facing environment
• Strong understanding of physical and/or financial trading instruments, valuation approaches, Greeks, stress testing and VaR
• Ability to explain P&L drivers, positions and risk exposures in a clear and structured way to stakeholders
• Confidence in constructively challenging Trading while maintaining strong working relationships
• Structured, analytical mindset with a focus on ownership and continuous improvement

Advantageous, but not essential

• Experience with Python, SQL or visualisation tools such as Tableau
• Exposure to advanced analytics or AI use cases in a risk or trading environment

What we value most is someone who continuously demonstrates courage, thrives to create impact and seeks to build trusting, collaborative relationships. So, even if you think you do not yet display all of the skills listed above we would still like to hear from you.

Further we welcome applications from individuals who may not be able to commit to full-time roles. At RWEST, finding the right person for the job is our top priority, and we are willing to explore flexible arrangements.

Your benefits

We offer a collaborative, growth-oriented environment where your work directly influences trading decisions and outcomes.

• A collegiate, pragmatic and entrepreneurial culture with strong exposure to senior leadership and trading desks
• Close interaction with Trading, enabling you to understand and challenge strategies
• International collaboration across global teams
• Continuous learning through diverse projects, new markets and modern analytics, automation and AI tools

Apply with just a few clicks: ad code 92462
Any questions? Contact HR: Deborah Münz, deborah.muenz@rwe.com

We look forward to meeting you. Of course, you can find us on LinkedIn, Instagram, Facebook, YouTube and Xing, too.

We value diversity and therefore welcome all applications - regardless of gender, disability, nationality, ethnic and social origin, religion/belief, age, sexual orientation, and identity. #inclusionmatters

RWE Supply & Trading is our connection to the world’s energy markets. Headquartered in Essen, Germany, the company operates one of Europe’s largest and most advanced energy trading floors. A diverse team of over 2,200 professionals from around 90 countries trades electricity, gas, commodities, and CO2 emission allowances. With precise market analysis and a strong customer focus, we create innovative energy supply solutions and tailored risk management concepts for industrial clients.

We also ensure the commercial optimisation of RWE’s power plant portfolio and markets the electricity generated by RWE. In addition, legally independent RWE gas storage companies operate in Germany, contributing to a secure energy supply.